Intimation for Outcome of 8th Meeting of Committee of Creditors held on Monday, the 19th day of January, 2026.
Awaiting price reaction for this filing.
JCT Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), held its 8th meeting of the Committee of Creditors on January 19, 2026. During the meeting, resolution plans submitted by Prospective Resolution Applicants (PRAs) were opened in their presence. The CoC will now begin the process of reviewing and considering these plans. The filing was made by the company's Resolution Professional, Umesh Garg, confirming the company remains under insolvency proceedings.
This is a routine procedural update in JCT's ongoing insolvency case. The opening of resolution plans is a necessary step toward finding a buyer or restructuring plan, but no plan has been approved or accepted yet. Shareholders remain in a wait-and-watch mode — any actual resolution plan approval would be a material event, while continued delays or rejection of plans could prolong uncertainty and weigh on the stock.